The year 2022 made some investors nervous, some angry, and others sad and that’s understandable. But some companies lost a lot of value. At one point, AMZN lost more than $1Trillion! Welcome to Grave New World! Click on the image to read more. But Be optimistic. Things will get better soon.! Happy New 2023!
“Employers view frequent job-hopping negatively,” said our invited speaker in my class today. She suggested that students avoid short-term thinking in career planning. As she was explaining, I realized that short-term thinking is ubiquitous. Could the ‘same day delivery’ service be making us ‘take one day at a time’ people? Later, I asked a friend who prefers to trade than invest long-term, his views on this topic, he made an interesting statement:
When CEOs manage by quarterly earnings, technologies/business models change rapidly, Netflix stock loses 30% and Twitter gains 25% in one day, and cryptocurrencies challenge the currencies issued by governments, you want me to think long-term! Are you breathing Oxygen or snuffing paint?
His response was valid. My friend thrives on volatility, especially as a trader, in daily and hourly volatility. However, does frequent job-hopping by employees send a signal to future employers? Employers are more likely to perceive job-hopping negatively, and understandably so. I recommend that those changing jobs often learn to articulate the reason for switching jobs often. For instance, moving from one job to another in pursuit of learning opportunities and not merely for a few extra bucks is understandable. But employees must be able to document what they learned and how it will help future employers.
About my friend’s question about breathing Oxygen or not, nowadays in many cities in California, it does feel like I’m sniffing paint when I’m outdoors. That’s on a good day!
Mr. Ashutosh Garg addesses how the quality of business education may be improved by inviting practitioners to the classrooms. A global corporate executive, serial founder, and a CEO advisor, he discusses his experience as a visiting faculty to schools around the world in a recent interview. I invited him to address my audience at a Faculty Development Program.
Trevor Milton, the founder of Nikola, a EV manufacturer lied “nearly about all aspects of the business” acording to the U.S. Attorney’s Office in Manhattan. Did the SPAC that took Nikola public drop the ball and cause this debacle? Would the traditional vetting process have eliminated this quagmire? Prosecutors say, “To make it appear the truck prototype was driving, it was towed to the top of a hill and then rolled down to the bottom.” Click the images below and read on….
It’s here finally! It has been my dream that a reputed school in India offer an online undergrad degree in Computer Science and now IIT-M is doing it. Now it’s open to all. Well, almost to all. I wish IIT-M opened it to all, not solely to those who completed 12th grade! I see a big demand for this course and wish IIT-M success. This is going to open doors to so many poor, bright students. Please send me your views to my Stanford email ID.
Remember our short discussion on Programming Languages in the Fintech class? As languages evolve, developers’ preferences do too. Here is a survey from Stack Overflow. Read on. Please send me your views to my Stanford ID, especially on Rust which we didn’t discuss.
Remember our discussion on how low interest rates are PE friendly and PEs use them? This bloomberg opinion piece concluded “Using cheap debt to pay themselves dividends isn’t such a savvy investment model after all”. Please click the image below to read the full article. It addresses so many points we discussed in the class.
Remember in the CEO-2030 class I discussed how companies that save cash for a rainy day can make go bargain hunting? I also discussed why ‘resource allocation and deployment’ must be taught as an elective. Here is an example of how cash comes handy. Click on the URL below.
Private Equity firms have more than 1$ Trillion in cash! This could be the beginning of a once in a lifetime investment opportunity for those in waiting. Remember the discussion in the CEO-2030 class how the 2007 financial crisis opened up opportunities for acquistions and thus a spike in demand for new CEOs? CNBC had an intetresting article on this topic. Please click the image below. Should companies take PE’s money or not? Do they even have an option? What if the PE firms go hostile? I’m interested in what you have to say on this.
The US News released its Best Graduate Schools list. Please click on the link below.
The slides I used in this presentation can be downloaded from the links below. Please credit appropriate authors when you reuse the content. As usual, if you have questions, please contact me through my Stanford email id.
I have addressed this in detail in the CEO-2030 lecture. Read on!
Women Make Small Inroads in Getting Private Equity and Venture Capital Jobs
I don’t like it, but the four of the 6 top skills required are IT skills! Please read on. Analytical reasoning is not exclusive to IT and I haven’t considered it as an IT only skill! Others are.
1) Cloud Computing
2) Artificial Intelligence
3) Analytical Reasoning
4) People Management
5) UX Design
6) Mobile Application Development
Click the URL and read on……
You can download the slides and the Augmented Reality video I used in the class from the links shown below. My slides don’t need citation however the video does. Please credit the video appropriately when you reuse.